In the summer playground of the 1%, resident Charles Johnson — former chairman of investment giant Franklin Resources and owner of the San Francisco Giants — has been quarreling with his new neighbor: Straight Wharf Fish Market. 

Global wealth has dropped for the first time since 2008, and more than 3.5 million people around the world lost their status as millionaires in 2022 due to high inflation and the collapse of many currencies against the dollar, according to the Global Wealth Report 2023 by UBS and Credit Suisse.

From Laguna Beach and Miami to Wiesbaden and Dubai, we’ve rounded up the ones that matter throughout the rest of 2023.

Becker, a partner, joined Apollo in 1996 as its 14th employee after working as an analyst at Smith Barney.

Total net private wealth across the world decreased by 2.4% to a total of $454.4 trillion, according to Credit Suisse’s annual global wealth report. The bulk of the decline was felt in North American and European households, which lost a combined $10.9 trillion.

In the past year, TikTok has created much buzz around private chefs in the Hamptons.